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Real Estate
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Business New Haven
6/9/2003
By: BNH
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EXCLUSIVE LISTINGS W. Haven Industrial Bldg. WEST HAVEN - Christopher Nolan, SIOR of H. Pearce Co.'s North Haven Industrial & Commercial Division represents owners of an industrial building at 636 First Avenue, listed at $425,000. The building is a freestanding one- and two-story industrial facility on 0.35 acres, presently vacant. It has paved parking for 20 automobiles, a passenger elevator, A/C and security system. Particulars are available by calling 203-281-3400, ext. 318. SALES Chapel St. Apts. Bring $2.5M NEW HAVEN - 227 Mill River Associates, LP has sold the Mill River Apartments on 0.84 acres at 277 Chapel Street to Mill River Holdings, LLC for $2,55 million. Constructed in 1917 and converted into residential condominiums in 1988, the 45-unit complex was renovated last year. Victor Nolletti, Steve Witten and Gary Witten of Marcus & Millichap Investment Real Estate Services were sole brokers in the transaction. Going for the Green on Branford Green BRANFORD - A mixed-use commercial property at 1036-1064 Main Street on the Branford Green has been sold by Branford Green, LLC to 1064 Main Street, LLC for $1.75 million. The 1925 structure houses retail, office and residential apartments. OR&L broker Frank Hird represented the buyer, while the seller was represented by Joel Kahan of the Property Exchange. Branford Retail Ctr. Sold BRANFORD - a 10,000-square-foot shopping center on a 0.85 acre parcel at 66 North Main Street was sold last month from 66 North Main Street Associates, LLC, managed by trustee Vincent Faricielli, to 66 Main Street Associates, LLC. Selling price was $575,000. Joan Miller of Colonial Properties was listing broker and Tom Cavaliers of the Beazley Co. was selling broker in the transaction. The new owners plan to renovate the center and landscape the property. LEASES Doctors Ink Landmark Lease NEW BRITAIN - The Tomasso Group has announced that Lexington Cardiology Group has signed a ten-year lease for 5,100 square feet at One Liberty Square. The term of the lease commences July 1. Terms were not disclosed.
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